How to Buy AGS

how to buy treasury notes

Australian Government Securities

Buying Australian Government Securities (AGS) may be done in two ways, in the Primary market and Secondary market.

Primary Market

To become a registered bidder in the AOFM Tender System, the following steps must be taken:

  1. It is a requirement to enter into a Registered Bidder Agreement with the AOFM which binds the Registered Bidder and AOFM to the AOFM Tender System Conditions of Operation. Please send the signed document to:

Name: Australian Office of Financial Management

Attention: Assurance Manager

Address: Treasury Building, Langton Crescent, PARKES ACT 2600
  • To bid at tenders, you will need access to the Yieldbroker DEBTS System. To register with Yieldbroker please contact:

    Yieldbroker Help Desk

    Telephone: 1800 220 550 (Toll free within Australia) or +61 2 9994 2890 (outside Australia)

    Email: helpdesk@yieldbroker.com
  • Please note that all bids must comply with the applicable Information Memorandum (Treasury Bonds. Treasury Indexed Bonds and Treasury Notes ).
  • Tender announcements provide full details of the tender, including details of the stock that is being offered. Notification of tender announcements and results

    can be obtained by subscribing to the AOFM email service .

  • Settlement is processed through the Austraclear System (other international settlement systems cannot be used). For direct settlement, you or a third party (such as a global custodian or financial institution) will need to be registered with Austraclear. To find out more about Austraclear and becoming a member, please refer to the Austraclear information located on the Australian Securities Exchange website. If you have any question please call the enquiries line on +61 2 9338 0000 (this is an ASX customer service number that also addresses Austraclear enquiries).
  • Secondary Market

    Purchasing Treasury Bonds and Treasury Indexed Bonds in the secondary market is often the easier and most efficient way to acquire the securities.  The reasons for this are that there are a large number of international or Australian banks that are committed to making tight markets in all Australian Government Securities.  It is likely that you will know or have contact with some of them.

    Below is a list (in alphabetical order) of registered bidders who have proven to make tight markets in Treasury Bonds and Treasury Indexed Bonds:

    Source: aofm.gov.au

    Category: Bank

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